Thursday, July 3, 2008

If At First You Don't Succeed...

...blah blah blah.

Shorted TOL again this morning. I swear it hates me. I short it, it bounces, I cover. Rinse and repeat. Like marriage and McDonalds hamburgers, very unsatisfying.

Anyway, fuck that shit. Eventually it cracks. Mark my word. It will trade in the single digits before next summer.

Does anyone else find it difficult to initiate short sales into a gazillion point drop? Thought so. As for today's action, expect the bulls to put on a brave face buy into the feel good Fourth of July rally.

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